The payments fintech Stripe is testing cryptocurrency payouts for freelancers and others on Twitter, a Colorado bank struck its second M&A deal this month and Amazon's Just Walk Out payments technology was deployed at UBS Arena in New York.
Scroll through to see what you might have missed this week in banking, payments, cryptocurrencies and more.
The financial services company has found that engineers report higher satisfaction and save time when using a copilot to assist with coding.
The embedded banking services Amazon offers to third-party sellers come from the hidden hand of JPMorgan Chase's corporate payments arm, which markets its services to e-commerce platforms on a white-label basis.
The embattled Long Island bank unveiled a turnaround plan that involves selling noncore assets and diversifying its commercial loan book. But first, it will need to sort through credit-related challenges in its large commercial real estate portfolio.
During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.
House Republicans held a subcommittee hearing on reforming bank merger M&A, laying the groundwork to counter Biden administration efforts to make it more difficult for mergers to be approved.
Bolstered by healthy first-quarter global card-spending trends, Mastercard is focusing on opportunities outside the U.S., including a unique card-processing arrangement beginning this month in China.
